Citi on Kenvue (KVUE): 'We'd expect a positive reaction today'

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Kenvue Reports First Quarter 2024 Results

May 7, 2024 6:45 AM EDT

Q124: Net Sales Increased 1.1% to $3.9 Billion with Organic Growth1 of 1.9%

Q124: Diluted Earnings per Share of $0.15; Adjusted Diluted Earnings per Share1 of $0.28

Reaffirms Fiscal Year 2024 Outlook

SKILLMAN, N.J.--(BUSINESS WIRE)-- Kenvue Inc. (NYSE: KVUE) (Kenvue), today announced financial results for the fiscal first quarter ended March 31, 2024.

We entered 2024 with clear strategic priorities to reach more consumers, reinvent our ways of working to invest more behind our brands, and to foster a culture that rewards performance and impact, said Thibaut... More